§ 42-64.8-2 Legislative findings. –(a) It is found and declared that Rhode Island's urban centers serve as centersof economic activity and offer a wide range of cultural and architecturalassets; that these and other assets continue to contribute greatly to theeconomic and cultural prosperity of the state's urban centers, the greatermetropolitan area, and the state as a whole.
(b) It is further found that as cities age they oftenexperience deteriorating infrastructure and increasing effective tax rates,adversely impacting their ability to retain and attract business; that theeconomic future of the suburbs, metropolitan areas, and the state as a whole,rests on the overall health of the urban areas; and that continued urban decayfurther threatens Rhode Island's economic assets.
(c) It is further found that creation of an urban renaissancefund is needed to leverage private investment by providing resources foractivities to improve the urban infrastructure from activities includingassessment of abandoned industrial sites to enhance marketability, brownfieldprojects, urban land assembly and demolition of vacant and abandonedproperties, waterside and streetscape improvement, neighborhood and community"anchor" development and transportation related projects.
(d) It is further found and declared that because RhodeIsland's urban communities are unable to sufficiently invest in localinfrastructure supporting statewide economic activities, the state should playa central role in developing and supporting a targeted urban infrastructureprogram.
(e) The purpose of this chapter is to create a state urbaninfrastructure commission (UIC) to develop a Rhode Island urban renaissancefund.
§ 42-64.8-2 Legislative findings. –(a) It is found and declared that Rhode Island's urban centers serve as centersof economic activity and offer a wide range of cultural and architecturalassets; that these and other assets continue to contribute greatly to theeconomic and cultural prosperity of the state's urban centers, the greatermetropolitan area, and the state as a whole.
(b) It is further found that as cities age they oftenexperience deteriorating infrastructure and increasing effective tax rates,adversely impacting their ability to retain and attract business; that theeconomic future of the suburbs, metropolitan areas, and the state as a whole,rests on the overall health of the urban areas; and that continued urban decayfurther threatens Rhode Island's economic assets.
(c) It is further found that creation of an urban renaissancefund is needed to leverage private investment by providing resources foractivities to improve the urban infrastructure from activities includingassessment of abandoned industrial sites to enhance marketability, brownfieldprojects, urban land assembly and demolition of vacant and abandonedproperties, waterside and streetscape improvement, neighborhood and community"anchor" development and transportation related projects.
(d) It is further found and declared that because RhodeIsland's urban communities are unable to sufficiently invest in localinfrastructure supporting statewide economic activities, the state should playa central role in developing and supporting a targeted urban infrastructureprogram.
(e) The purpose of this chapter is to create a state urbaninfrastructure commission (UIC) to develop a Rhode Island urban renaissancefund.
§ 42-64.8-2 Legislative findings. –(a) It is found and declared that Rhode Island's urban centers serve as centersof economic activity and offer a wide range of cultural and architecturalassets; that these and other assets continue to contribute greatly to theeconomic and cultural prosperity of the state's urban centers, the greatermetropolitan area, and the state as a whole.
(b) It is further found that as cities age they oftenexperience deteriorating infrastructure and increasing effective tax rates,adversely impacting their ability to retain and attract business; that theeconomic future of the suburbs, metropolitan areas, and the state as a whole,rests on the overall health of the urban areas; and that continued urban decayfurther threatens Rhode Island's economic assets.
(c) It is further found that creation of an urban renaissancefund is needed to leverage private investment by providing resources foractivities to improve the urban infrastructure from activities includingassessment of abandoned industrial sites to enhance marketability, brownfieldprojects, urban land assembly and demolition of vacant and abandonedproperties, waterside and streetscape improvement, neighborhood and community"anchor" development and transportation related projects.
(d) It is further found and declared that because RhodeIsland's urban communities are unable to sufficiently invest in localinfrastructure supporting statewide economic activities, the state should playa central role in developing and supporting a targeted urban infrastructureprogram.
(e) The purpose of this chapter is to create a state urbaninfrastructure commission (UIC) to develop a Rhode Island urban renaissancefund.
